Capstone Mining Corp (TSE:CS) – Research analysts at Cormark cut their FY2017 earnings estimates for shares of Capstone Mining Corp in a note issued to investors on Monday. Cormark analyst S. Ioannou now anticipates that the mining company will earn $0.04 per share for the year, down from their prior estimate of $0.07. Cormark also issued estimates for Capstone Mining Corp’s Q1 2018 earnings at $0.04 EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.04 EPS, Q4 2018 earnings at $0.04 EPS and FY2019 earnings at $0.14 EPS.

Other research analysts have also recently issued reports about the company. Scotiabank restated an “outperform” rating and set a C$1.50 price target on shares of Capstone Mining Corp in a research note on Thursday, July 13th. BMO Capital Markets restated an “outperform” rating and set a C$2.00 price target on shares of Capstone Mining Corp in a research note on Thursday, July 13th. TD Securities restated a “buy” rating and set a C$1.90 price target on shares of Capstone Mining Corp in a research note on Wednesday, April 26th. Finally, CSFB began coverage on Capstone Mining Corp in a research note on Thursday, April 13th. They set a “neutral” rating on the stock. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Capstone Mining Corp currently has a consensus rating of “Buy” and an average target price of C$1.56.

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Shares of Capstone Mining Corp (CS) opened at 1.09 on Tuesday. The stock has a 50 day moving average price of $0.89 and a 200 day moving average price of $1.22. The company’s market capitalization is $426.53 million. Capstone Mining Corp has a 1-year low of $0.65 and a 1-year high of $1.81.

In related news, insider Grm Investments Ltd. acquired 266,000 shares of the business’s stock in a transaction dated Friday, July 7th. The shares were acquired at an average price of C$0.89 per share, with a total value of C$236,740.00. Also, insider George Leslie Brack acquired 100,000 shares of the business’s stock in a transaction dated Friday, April 28th. The shares were bought at an average cost of C$0.97 per share, for a total transaction of C$97,000.00. Insiders have acquired 4,286,500 shares of company stock worth $3,787,835 over the last 90 days.

About Capstone Mining Corp

Capstone Mining Corp. is a Canada-based mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile, with a focus on copper. The Company’s segments include individual mining operations of Pinto Valley (the United States), Cozamin (Mexico), Minto (Canada), Santo Domingo development project (Chile) and other.

Earnings History and Estimates for Capstone Mining Corp (TSE:CS)

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